With the 'Help to Buy' scheme, owning your own home has never been more affordable.
Help to Buy Equity loans
Also known as ‘shared equity’, 'Help to Buy' is a Government backed
scheme that helps you own a new home outright and yet pay from only 80% of
Key features include:
You will need to show us that you are eligible for a mortgage and apply to the HomeBuy agent to confirm you are eligible for the scheme. You will also need to tell us about how you are raising a mortgage deposit if your lender requires one and ideally will have received an ‘agreement in principle’ from your lender. At this point you are usually ready to reserve a home of your choice.
You can repay the outstanding balance within 25 years and this will be at the market price at that time. If you sell your home this is automatically repaid at the same time. Ask our Sales Adviser for more information.